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The situation with THORChain appears to have stabilized. Here are the main updates:

  • Nodes have come together to vote on and agree to a debt restructuring plan.
  • A churn has just been completed, with new nodes being added and some

exiting.

  • Trade asset balances necessary for optimal price execution have remained stable for the last 48 hours, resulting in no price dislocation during this

Numerous large swaps have been processed smoothly, reinforcing confidence in Thorchain's capability to maintain its renowned execution quality. Enhanced safety measures have been implemented to monitor for price dislocations and low trade

balances, which will automatically halt quotes if certain limits are reached.

To enhance service redundancy, price competition, and expand chain options, it is advisable to enable the CHAINFLIP and MAYACHAIN providers in API V2 if they haven’t been activated yet. Ready to assist with re-enabling the integration and

any inquiries.